Frogfoot Networks, the open-access fibre provider in Cape Town, South Africa, has acquired the fibre-to-the-home (FTTH) assets of the fibre network operator (FNO) Link Africa Western Cape for an undisclosed sum.
The deal comes a few months after MetroFibre Networx purchased Link Africa’s FTTH network in Gauteng and KwaZulu-Natal.
Frogfoot said in a statement that the deal will aid in solidifying the company’s position in South Africa’s Fibre Network market.
“We are very excited about the acquisition of the Link Africa network in the Western Cape. In addition to growing our FTTH, FTTB, and FTTS customer base and footprint, this transaction also has some nostalgic value. Some parts of the network we are acquiring today was built through a joint venture between Frogfoot and Link Africa and represents our entry into the FTTH market,” said Abraham van der Merwe, CEO at Frogfoot.
“The acquisition increases the number of homes passed by Frogfoot to 312 000 and cements its position as the third-largest fibre network operator in South Africa,” Frogfoot said in the statement.
Frogfoot, which is owned by ICT group Vox, enjoys funding from Rand Merchant Bank, Investec, and Metier Capital.